Page 55 - Developing Countries News Today

Indian company ONGC Videsh Ltd. (OVL) has secured its eighth contract to explore oil and gas in a Vietnamese block in the South China Sea, despite not having found hydrocarbons in years. An expert

Leaders from BRICS nations, representing a quarter of the global economy, met on Wednesday in Johannesburg, South Africa, eying expansion and deepening cooperation. Chinese President Xi Jinping said emerging countries are becoming more and more relevant in the international arena, and this summit will very much contribute to the shaping of a new global economic and political order.

Brics countries, including China, have thrown their weight behind the expansion of the bloc of leading emerging economies, with an announcement expected during this week's summit. Meeting in Johannesburg on Wednesday, Chinese President Xi Jinping and his counterparts from South Africa, Brazil, Russia and India all gave their support to the move to allow more members into the grouping, which the five countries formed in 2009. But they were still discussing that and other issues including tra...

This article will list the largest recipients of international aid and examine their economic statuses to explain why these nations depend on foreign aid. If you’d like to skip our overview of why major aid-receiving nations like Yemen, Afghanistan, and Somalia aren’t on this list, read 10 Countries That Receive The Most Foreign Aid Per Capita. Countries that […]

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Irreversible trend for more economies to shift away from US dollar: experts.

Chinese President Xi Jinping called Brics a "constructive force" that contributes to global economic growth while lauding Beijing's ties with Johannesburg, ahead of the bloc's annual summit that begins on Tuesday. Xi made the remarks after arriving in Johannesburg on Monday night for the meeting of emerging economies - Brazil, Russia, India, China and South Africa. He said China's relations with South Africa would inject greater stability into a "turbulent world&#x2...

Leaders of Brazil, India, China and South Africa addressed other topics, but Russia’s president, unable to attend in person because he is wanted for war crimes, put the war in Ukraine at center stage in the meeting.

Varanasi: M for inclusion of the African Union in G20 as a permanent member was accepted.

বর্তমান বিশ্বে মোটামুটি সব দেশেই যত ধরনের শিল্পজাত পণ্যের চাহিদা রয়েছে তার পুরোটা কোনও একটি দেশের একার পক্ষে সম্পূর্ণ রূপে উৎপাদন করা অসম্ভব।